Full-Service Integrative Health Practice In NY
Not Disclosed, NY Dutchess County
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- RE: Full-Service Integrative Health Practice In NY
- Contact: Michael Farruggia
Quick Facts
| Asking Price: | $2,500,000 | |
| Annual Revenue: | $1,950,724 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $559,920 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 11 | |
| BBN Listing #: | 992251 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The physician Owner works part time and utilizes their staff and a NP to enjoy life more. The practice could easily be scaled, and the doctor is willing to help the right partner do so. The Owner has scaled back the last few years and was bringing in 1M+ of net income when working full time. Owner is seeking the right opportunity/partner to take this practice to the next level. Owner is willing to stay on, as negotiated, to reignite growth. The ideal structure would allow the Owner to retain equity and participate in accelerating growth. The goal would be to provide a greater financial gain for the new partner’s future and the Owner upon their final exit. With the right plan and partner this practice could triple in the next five years.
The Owner has created a practice with a respected reputation that is worldwide and provides services which make them unique. The current administrative and provider employees are all W2 and would stay on seeking growth opportunity within the new organization. The network of providers is highly specialized and knows the complexities required to do the exams for the unique services provided. This practice is 100% direct pay.
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Property Features and Assets:
Owned and can be purchased in a separate deal at $750,000.00 The office is rented to the practice and has space for a tenant or expansion. The practice utilizes 3750 sq ft and a separate suite with 1250 sq ft. Easy to connect. If the Real estate is not purchased a normalized lease will be offered. The Current rent of $5000/month covers a mortgage that is almost completed. Any lease with buyer will normalize rent to market.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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